Business & Entrepreneurship

On April 17, four local nonprofits were honored at the Awards Dinner for the 3rd annual Social Entrepreneurship and Innovation Competition (SEIC). The winners are StudioSTL, LiveFeed, BEGIN and Indego Africa. The groups will receive a total of $110,000 in cash and in-kind support for successfully demonstrating that their ventures have social value and that their group has the ability to implement its plans.

Two professors at the Olin Business School are the winners of the first annual “Olin Award: Recognizing Research That Transforms Business.” Jackson Nickerson, Ph.D., and Todd Zenger, Ph.D., will share the $10,000 honorarium in recognition of their research that examined the negative impact that social comparison, or envy, causes in the workplace.

Dividing items into small portions helps control consumption. Whether it’s food or money, people tend to go through things more slowly when the lump sum is partitioned into small portions, according to new research from a WUSTL marketing professor.

David Kilper/WUSTL PhotoMuthanna Al-Dahhan (left) and graduate student Rajneesh Varma are researching effective ways to take agricultural waste and make biofuel out of it.Engineers at Washington University in St. Louis, using an impressive array of imaging and tracking technologies, have determined the importance of mixing in anaerobic digesters for bioenergy production and animal and farm wastes treatment. They are studying ways to take “the smell of money,” as farmers long have termed manure’s odor, and produce biogas from it.

Even though the benefits of free trade outweigh the harm, the subject has not garnered a lot of attention during this year’s election cycle. WUSTL business professor Jim Little discusses why it is important for Congress to liberalize trade and the dangers of embracing stricter policies.

Two professors at the Olin Business School are the winners of the first annual “Olin Award: Recognizing Research that Transforms Business.” Jackson Nickerson, Ph.D. and Todd Zenger, Ph.D. will share the $10,000 honorarium in recognition of their research that examined the negative impact that social comparison, or envy, causes in the workplace.

While consumer spending once helped keep the economy healthy, rising consumer debt is the reason it’s getting sick. The root cause of the current economic slowdown in the U.S. goes back several decades, according to an economics professor at Washington University in St. Louis.

Below is a link to the Washington University news release about the U.S. News & World Report undergraduate rankings for 2004-05: http://news-info.wustl.edu/news/page/normal/3627.html To view a full listing of U.S. News magazine, book and Web-only rankings for 2004-05, please visit the U.S. News & World Report site: http://www.usnews.com/usnews/edu/college/rankings/rankindex_brief.php

The Olin Business School now offers a major in healthcare management. Professors from both the medical and business schools will teach courses to both business and non-business majors. The degree will help develop a strong grounding in all aspects of the health care industry as well as in the science behind medicine.

The Olin Business School is introducing a sports management course that will feature an “all-star” line-up of guest lecturers. Through the speakers and class curriculum, students will get a novel perspective on how the sports economy works.